Uruguay Mineral Exploration Inc.: AIM Rule 26 Company Information Disclosure

    LONDON, August 17 /CNW/ - Uruguay Mineral Exploration Inc. (the
"Company") is pleased to announce that the information required by rule 26 of
the AIM Rules for Companies is available within the "Investor Relations"
section of the Company's website at: http://www.uruguayminerals.com.

    The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.

    Editors note: Uruguay Mineral Exploration Inc. (TSX VENTURE:UME)
(LSE:  UGY) is a gold producer and exploration company focused on identifying
and developing mineral opportunities in Uruguay. UME is a fully integrated
mining company, possessing the skills necessary to explore and develop its
discoveries. The Company operates the only producing gold mine in Uruguay (San
Gregorio), and is also the leading mineral exploration company in Uruguay
having assembled an exploration portfolio based on gold, base metals (copper,
nickel, lead, zinc) and diamond prospects.

    Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London
(AIM) and Collins Stewart Europe Limited is its Nominated Adviser and Broker.

For further information:

For further information: Uruguay Mineral Exploration Inc Tony Shearer,
Chairman: +44 20 7602-1570 tonyshearer@btinternet.com or David Fowler, CEO:
598 2 6016354 urumin@ume.com.uy or Shared Value Ltd Emily Bruning: +44 20 7321
5027 ebruning@sharedvalue.net or Collins Stewart Europe Limited Chris
Rollason: +44 20 7523 8308 crollason@collins-stewart.com

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